In recent memory of companies I've worked for, even the absolute WORST executives haven't gotten fired. They always announce that "it's time for another adventure" or "I am taking a break". So I am not shocked they didn't fire him, although the board is now probably wishing they did.

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datakan an hour ago | parent | next [-]

Had a President make a big ordeal about leaving "for health reasons". His LinkedIn had him at a new company within a couple months doing the same thing.

Had a CISO leave for "personal" reasons. Talked to him a couple years later and yeah, he was fired.

Steal 20$ out of a cash register and make the local news. Waste a billion dollars at a corp and make insane decisions and ride out on a golden parachute. Its a fucked up world.

	▲	gottorf 2 minutes ago \| parent \| next [-]
		In fairness, I don't think stealing $20 makes the local news these days, unless you live in a town of 300 people. There's a lot of antisocial behavior that goes unreported. But moreover: I guess there's a presumption, whether fair or not, that well-paid executives overseen by wealthy boards of directors are pre-vetted and act in good faith, whether or not those actions pan out and make money; versus robbery or violent crime that people recoil from, that assumption of good faith isn't there, because it's self-evident to ordinary people that there is no justification for such actions.
	▲	actionfromafar 6 minutes ago \| parent \| prev [-]
		Ah, but they take the big risks, you see. Someone has to do it.

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telotortium 18 minutes ago | parent | prev | next [-]

Those phrases often imply that they were fired or asked to resign - although the deniability can be useful, which is why they’re so often used. As a recent example, Fidji Simo went on leave from her role at OpenAI several months before leaving. Although I don’t know for sure, I would suppose that she was essentially fired when she went on leave, and the subsequent success of Codex after she went on leave confirmed the decision to fire her. It’s possible that, if Codex hadn’t been a success, she might have been brought back, so putting her on leave was useful for optionality.

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patternMachine an hour ago | parent | prev | next [-]

Barring truly bad behavior this is how executives get fired.

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tibbydudeza an hour ago | parent | prev [-]

Spend more time with my family :).